Developer activity on EigenLayer has sprouted up extremely quickly, according to founder Sreeram Kannan and investor Olaf Carlson-Wee.Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.Sreeram Kannan, founder of EigenLayer, and Olaf Carlson-Wee, founder and CIO of Polychain Capital, an investor in EigenLayer, say that the developer ecosystem around EigenLayer is sprouting up very fast, which reminds Carlson-Wee of the developer excitement in Ethereum’s early days.They discuss the potential of EigenLayer, which uses a restaking mechanism to allow ETH stakers to reallocate their staked ETH and Liquid Staking Tokens (LSTs) to bolster security for other protocols. They cover how it could turbocharge Ethereum's rollup scaling roadmap and enable Ethereum to become a stack of decentralized software-as-a-service providers. Additionally, they discuss the potential risks associated with restaking as well as how EigenLayer could work with AI.Show highlights:Sreeram's explanation of what EigenLayer is and what is allows on EthereumWhy Polychain invested in EigenLayer's seed roundWhy Sreerarm believes that there are not just going to be three modules in blockchains, but thousandsThe types of applications that can be built with actively validated services, according to SreeramWhy they both believe that EigenLayer will improve smart contractsWhether EigenLayer will help solve the liquidity fragmentation issue in Layer 2sWhat Ethereum inclusion guarantees are and why they are importantThe potential risks of EigenLayer and why Olaf doesn’t agree that EigenLayer results in rehypothecationHow attribution claims work in EigenLayer, allowing for "elastic scaling of security"EigenLayer’s points program and the likelihood of a tokenWhy Sreeram believes that an EigenLayer governance token wouldn't have the same issues as Lido's LDOWhether EigenLayer should be a core part of the Ethereum protocol itselfHow AI and EigenLayer intersect and how to have permissionless innovation in the AI spaceThank you to our sponsors! PolkadotGuest |   Olaf Carlson-Wee, founder and CIO of Polychain CapitalPrevious appearances on Unchained:OG Olaf Carlson-Wee on Why His Crypto Thesis Is Stronger Than EverOlaf Carlson-Wee: 'If There Is a Money-Losing Exploit, the Money Is Gone' Why The First Employee Of Coinbase Launched A Hedge FundTo the Moon and Back With Polychain's Olaf Carlson-WeeSpecial Episode with CNBC's Crypto Trader: Olaf Carlson-Wee on Why This Crypto Winter Is Different From Previous OnesAll Things Cryptoeconomics, Pt. 1, With Olaf Carlson-Wee and Ryan Zurrer of Polychain CapitalSreeram Kannan, founder of EigenLayerPrevious appearance on Unchained: Do You Need to Think Twice Before Restaking Your Assets?Links | EigenLayerUnchained: What Is Ethereum Restaking? A Beginner's GuideETHDenver’s 2024 Hackathon: Onchain Security, AI, and Gaming Fun Dominate the Winning ProjectsA16z, Binance Labs Make Investments in EigenLayer EcosystemEigenDA OverviewSreeram’s post on why “building on EigenLayer, therefore, doesn't negate the utility of an AVS token”PointsDL News: Kelp DAO opens trading of the $340m EigenLayer airdrop market with KEPCoinDesk: Omni Network Signs $600M Restaking Deal With Ether.Fi to Enhance Security-Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.